Returns will always be an issue at retail, but companies that tighten their strategies to reduce returns as much as possible can bring new life to their businesses.
The latest Producer Price Index, seen as a potential bellwether for the prices consumers may see in the months ahead, jumped 0.9% from June, lifting the annual rate to 3.3%.
Analysts argued any significant change to Apple's supply chain would take time, as the company has traditionally made the bulk of its products in China.
ESW and Retail Economics estimate that most larger retailers in the U.K. would find trade with the U.S. "commercially unviable" if tariffs were to approach 24% at some point down the line.
By all means, consider embracing technology to supercharge all aspects of your supply chain. But never underestimate the power of human-driven partnerships to yield the best and most valuable results.
In May, Trump eliminated the exemption for shipments from China, but now duties will be imposed on low-value imports from anywhere, starting August 29.
The latest supply-chain news, analysis, trends and tools for executives in the retail industry — which comprises companies that operate physical or internet stores with diversified product lines. Learn how pharmaceutical and biotech companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
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